Loans

With the property Loan from Scottia Financiers you never feel in want for money to fulfill your dreams in life. Be it a long desired holiday trip, or a family extravaganza, or a business set up or expansion, you have the power in you to make anything happen that you dream of. You just need to apply for a loan against your property which generates liquid funds for different purposes.Though the reason for loan has not to be specified normally, for amounts above Rs. 25 lakhs the purpose should be made clear along with the a written statement that loan will not be utilized for any hazardous purpose.

Why Scottia Financiers?

• •   Easy and transparent process
  •   Quick service delivery
  •   Affordable interest rates
  •   Minimal processing fee that is 2% of the loan amount [inclusive of the service tax]
  •   Extended repayment tenure from 60-120 months.
  •   No Hidden charges
  •   Zero prepayment penalties
  •   Up to 70% of the market value of your property will be funded

Eligibility for the Loan

If a person wants to avail the loan he should meet the following criteria:

• •   You should be:
    •   An Employee or
    •   A Professional, self-employed or an income tax assesses or
    •   Engaged in agricultural and allied activities
  •   Net Monthly Income (salaried) should more than excess of Rs.12,000/- or Net Annual Income (others) should be more than Rs.1,50,000/-.
  •   You should be below the age limit of 60.

Loan Amount The minimum amount a person can avail is Minimum Rs.25,000/- and the maximum amount is Rs.1 cr.

The amount is decided by the following calculation:

•   24 times the net monthly income of salaried persons (Net of all deductions including TDS) OR
•   2 times the net annual income of others (income as per latest IT return less taxes payable)

We offer you a long period of 60 months for your repayment of loan amount in installments. It is 120 months for salaried persons that comes along with check-off facility. Any surplus funds can be included into prepayment of the loan and thus can avoid penalty.

You may call us at

• • Telephone: 0486-2229984,0486-2229985
  • Mobile: +91-8606740000,+91-8606750000
  • E-mail: enquiry@scottiabankers.com, scottiabankers@gmail.com

“We facilitate your foreign exchange requirements through the pioneers in forex services, ING Vysya Bank.”

Our foreign exchange services give you the freedom to travel around the world without any tension on money exchange and related puzzlements. Network has been developed with leading money transfer agencies as UAE Exchange that offers increased rates to you. Through easy and simple procedures you can exchange money anywhere you wish instantly. At Scottia we cover a vast list of currencies which extends to US Dollar, Canadian Dollar, British Pound, Euro, and Japanese Yen. We are backed by a strong professional team that has experience in the market. We also take up researches on the current trends that affect the values of foreign currencies. Prepaid currency card option is also offered from our branch for a convenient foreign travel.

Our main service are:

• •   Foreign Currency Cash and Traveller’s Cheques
  •   Foreign Currency Cheque Collection
  •   Foreign Currency Draft
  •   Inward and Outward Remittances
  •   Foreign Currency Accounts
  •   Hedging Products
  •   Expert Currency Views
  •   Trade Services

Why should you opt for Scottia?

• • •   High exchange rates
    •   Covers the exchange of large number of foreign currencies
    •   No special charges to issue the travel currency card
    •   Quick and easy money transaction appropriate for any time and occasion
    •   Caters flexile exchange options to your convenience

Scottia Financiers’s money transfer services allow you to send and receive money anywhere around the globe in a fast and easy mode. We have successfully accomplished several transactions in these years without any flaws or lags. With our instant transfer process you can assure that the money reaches the destination in less than 10 minutes.

Requirements

To receive money though this service you need to provide the following information to us:

• •   A photo ID
  •   Transaction code
  •   Name of the service

Why should you opt for Scottia?

• • •   Real time and simple transfer
    •   No charges imposed on the receiver to collect the money
    •   Cash transactions possible up to Rs. 50,000 for Indian citizens and amount above to be paid in a/c cheques
    •   Up to 30 transfer payment for a recipient in one year
    •   Options to make transaction money either by phone or online
    •   Account not necessary for amount less than Rs. 50,000

We are partner with the following service providers:

• • • •   Western Union
      •   Xpress Money
      •   Instant Cash
      •   Money Gram

With our wide spread tie ups and fast delivery methods you can transfer your money without any worries.